Nigeria Government To Check Abandoned Projects Syndrome

The Nigerian government in a deliberate police to check abandoned projects syndrome in the country, is now to compel contractors to sign and execute projects once they receive mobilisation fees.

The Federal Government introduced the new clause in its contractual agreement for all federal government projects across the country. Also contained in the new police, is that Skip to next paragraphany contractor that fails to execute the agreed contract after haven collected a mobilization fee will be made to refund such money or face prosecution. Such a contractor may even suffer both penalties.

The absence of such clause in existing contractual agreements was identified as a major factor that has resulted in the high rate of abandoned projects across the country. 

Time Up

It was gathered that President Umaru Yar’Adua decided to have the new clause inserted in the contractual agreement after the Attorney-General of the Federation, and Minister of Justice, Mr. Mike Aondoakaa drew his attention to the lapses in the existing government agreement with contractors.

Aondoakaa recommended the insertion of the new clause in the contractual agreement in order to avoid the unsavoury effects of the identified lapses.

It has been discovered that the lapses in the existing contractual agreement also served as loopholes through which unscrupulous government officials misappropriate public funds.

 The value of abandoned projects in the country runs into trillions of naira, with road projects alone valued at over N400bn.

 

NP/Qasim/G.O